Finance > GFC, Bilderburg,911, Black Projects, Conspiracy to Destroy wealth though the Monetary System and create one World Govt / Corporation.

DAVES PRIME EVENTS CATALOG

I set great score by the accuracy of the material presented in my Blog. A single source of information is not enough.The level set is that of a Jury; Does the material meet the standard of "Beyond Reasonable Doubt". Because the material is so far beyond what a person is exposed to the standard is higher. You can perform the checks & balances yourself. I hope you will as your life and the future of the Human Race hangs in the balance.We live in a time that might occur once in 25,000 Years.

Japan has bad past record of disclosure of Atomic leaks, Second Reactor uses both Uranium and Plutonium as fuel (MOX).

This is a real mess, radiation will cross ocean to USA West coast.

Harmful radiation at levels 20 times the annual limit is spewing from Japan’s quake-hit Fukushima No.1 atomic power plant after a fire broke out at its number-four reactor, people within 30 kilometres of the facility told to stay indoors or risk getting radiation sickness.

Higher than normal radiation levels have reportedly been detected in Tokyo, As of 10.22am local time, 400 millisieverts of radiation were detected at the No. 2 and No. 3 reactors, Chief Cabinet Secretary Yukio Edano told reporters. That is 20 times the annual limit for nuclear industry employees and uranium miners, according to the World Nuclear Association.

Mr Edano told reporters that the suppression pool of the No.2 reactor at the Fukushima No.1 plant appeared to have been damaged. The pool forms the base of the container vessel which seals the fuel rods.

A huge explosion hit the building housing the number-two reactor early today, the third blast at the plant since Saturday. Hydrogen explosions have previously hit Unit 1 and Unit 3.

Friday, March 11, 2011

I cannot accept that to be realistic means to tolerate misery, violence and hate. I do not believe that the hungry man should be treated as subversive for expressing his suffering. I shall never accept that the law can be used to justify tragedy, to keep things as they are, to make us abandon our ideas of a different world. Law is the path of liberty, and must as such open the way to progress for everyone. -- Oscar Arias Sanchez

"The chart above doesn't have the most recent data. It appears to show a gentle decline in the household debt-to-disposable income ratio. Since then, though, due to higher debts and income growth that's not quite kept up, the ratio has turned up again. It's around 156% today, largely thanks to the mini-boom in mortgage lending spawned by the diabolical first home owner's grants."

"The RBA’s figures show that as at March 2009 ”around 20 per cent of banks’ total liabilities were denominated in foreign currencies.”

This percentage has remained relatively stable over time, but the raw numbers involved ballooned through the credit boom, to the point where the banks’ net foreign currency exposure is more than $300 billion.

few people fully understand how dependent our banks are on foreign debt and the mechanism by which they mitigate their exposure (through a series of swap contracts designed to insulate against currency and interest rate movements). And that brings us to the key issue.

Should future convulsions in the global financial markets send any of the institutions on the other side of these contracts to the wall, our banks would become more exposed to the harsh winds of the international financial markets."

The Australian people have had it good for at least 40 years, minor recession's and corresponding booms, very few Australians realise that the actual standard of living has over that period decreased requiring the work of two people to maintain status quo with the rest. Real wages have not gone up, they have gone down.

Its now 2011 and Australia faces two internal challenges the first is our long running and now collapsing Real Estate Boom. Property prices had been going up constantly for decades and our Banks have been more than accommodating in financing this speculation holding up to 60% of their assetts in Mortgage related products.

As of this year the 'Boom' has slowed and now turned homes are not selling, Auctions are failing, this is not the news you hear on the local Media. Our R/E is estimated to be 60% overvalued and when the Inflation coming down the line hits we are in deep S#$@. The Oil price is an external factor that is now adding to stress that the average overextended home owner is already under.

Most people who bought "Investment " property bought into a loosing bet from day one. The Banks financed up to 110% before the GFC and now are offering 97% to customers they are familiar with. Problem for the new crop / the last lot of buyers who got in at the Top Of The Market. For these people there is no "Greater Fool" out there to buy the properties at a price that will cover the losses from depreciation and expenses.

We will not avoid a collapse in our R/E market, our personal debt (not the Government Debt) is higher than the Average America's debt burden on Credit cards and Mortgages.

When the Home loans and Retail / Commercial property market collapses so will the Australian Economy, our Banks will be screaming for bailouts and these will not be forthcoming unless the Government decides to print Money. Even without external events Australia has a Black day coming in the "commodity that always goes up".

Lucky we have our Chinese friends buying our Minerals etc, will this Boom continue forever...5 years? 20 years? I think not, China has been pushing its economy at Maximum growth and billions of cubic meters of empty Cities are one result, another is the Billion Chinese that have not got a spot in the sunshine, the $2 a Day workers that provide us with so much "Stuff" we have bought. When the Western Nations are struggling to fill their Petrol Tanks and pay Mortgages then who will pay for China's growth.

After a US default on its currency / Debt problem the Chinese will be short a cool Trillion Dollars in lost assetts tied up in the US Treasury Bills, Notes not even PIMCO will buy, the US Treasury is the primary buyer of US Debt. Sooner than later the World will realise the US Dollar is over. An announcement of more Quantitative Easing will tell even the stupidest Investor that any American paper is worthless. Not to forget the probable fate of the Euro.

For the Elites of the world to finalise plans that have been on the board for a Century the worlds disparate currencys have to go and be replaced with a new World Order Dollar.

The events in Saudi Arabia on the so called "Day of Rage" will tell us a lot as the future will come to crystal focus, Oil to $200, and the the real trouble begins.

Wake Up Australia, its now begun, our time of joining the rest of the world in trying to buy the next meal.

Revolution is only ever 7 Meals away, people so insulated, arrogant and obscenely rich have plans for all of us.....then again its all just Conspiracy isn't it.

Thursday, March 3, 2011

Ignore WTI , West Texas Crude price, the true definition of what the world (including most of the USA) consumes is the price of Brent Crude currently @ $116 per Barrel.

The kaos in North Africa and the Middle East has been set off by design, the Elites of this world want to push the price to $200 a Barrel. The effect on the Western Economies will be devestating, Inflation you are already seeiong the start.

The USDX (The price of the US$ on World Market is down to 76.678

This is a very low spot and we see it in the 75.999 area, Gold at $1500, Oil at $145 / Barrel and increasing Global instability, either in Economics or Politics, their is little difference. That is your time of historical flux.

Our 5 Stooges above have a lot to answer for and if they think they have their own God to let em off the hook, perhaps they should all get down to Texas and get some Baptist Rebirth-in!

Trends Journal

B2 Fighter Jet / Bomber

BELIEVE WHAT YOU WILL

"Yes, we did produce a near-perfect republic. But will they keep it? Or will they, in the enjoyment of plenty, lose the memory of freedom? Material abundance without character is the path of destruction." -- Thomas Jefferson - (1743-1826),

"I suspected I was just part of a racket at the time. Now I am sure of it. Like all members of the military profession I never had an original thought until I left the service. My mental faculties remained in suspended animation while I obeyed the orders of the higher- ups. This is typical with everyone in the military service." : General Smedley Butler. USMC (Ret.)